Bitcoin was a tool that was born of the economic crisis some 10 years ago, does that mean another big recession or banking collapse could catapult it forward?
Some economists have expressed alarm over the Trump administration's efforts to roll back Obama-era regulations put in place in the wake of the 2008 crash, namely the Dodd-Frank Act.
With Ray Dalio predicting that the US has about 2 years until the next recession, earlier today the head of hedge fund Citadel, Ken Griffin, echoed the Bridgewater founder and predicted that there are "at least 18-to-24 months left in the market rally", thanks to the "giant adrenaline shot" of the U.S. tax overhaul.
Speaking at the Bloomberg Global Business Forum in New York Wednesday, Griffin said that "we are in this debt-fueled buying binge." He said that the U.S. economy is “running hot...